52 School Street Update 05/11/23

Everett Development Site Acquired for $3M

RISE has closed on 52 School Street in Everett for $3,000,000 with $14,675,000 in financing provided by Needham Bank. Plans for the site call for a new four-story residential building with 46 residential units and 32 parking spaces. The project includes a variety of amenity areas including fitness, work-from-home offices/pods, and common lounges.

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